By Byron V. Acohido SAN FRANCISCO — The first rule of reporting is to follow the tension lines—the places where old assumptions no longer quite hold. Related: GenAI disrupting tech jobs I’ve been feeling that tension lately. Just arrived in the City by the Bay. Trekked here with some 40,000-plus cyber security pros and company … Read more
The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a report from AM Best. “Excess and surplus (E&S) lines insurance in the US is a notable contributor to the topline of many … Read more
H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role Danny Kaufman H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The newly created positions establish distinct leadership responsibilities across Kaufman’s broad global portfolio. Alan Jay Kaufman will continue serving as Kaufman’s Chairman and … Read more
The U.S. property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The report was released during a members-only webinar on Oct. 10. The industry’s estimated net combined ratio of 99.4 represented a 2.3-points year-over-year improvement, with commercial lines … Read more
Surplus strains market hits new premium report amid business challenges | Insurance coverage Enterprise America Insurance coverage Information Surplus strains market hits new premium report amid business challenges New report exhibits E&S enterprise booming Insurance coverage Information By Steven Byerley The U.S. surplus strains insurance coverage market reached a big milestone in 2023, surpassing $100 … Read more